Increase in turnover tax for CMSMEs sparks backlash
The interim government has decided to move forward with a significant increase in the turnover tax for individual taxpayers operating cottage, micro, small, and medium enterprises (CMSMEs) from the upcoming fiscal year despite strong opposition from business leaders and experts. From the current 0.25 per cent, the tax rate has...
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Govt, ADB sign $1.3b loan deals for 4 key projects
The government has signed loan agreements worth $1.3 billion with the Asian Development Bank (ADB) to implement four major development projects in Bangladesh, covering climate resilience, renewable energy, transport infrastructure, and banking-sector reforms.Economic Relations Division (ERD) Secretary Md Shahriar Kader Siddiky and ADB Country Director Hoe Yun Jeong signed the...
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CPA plans Saif Powertec tenure extension
CHATTOGRAM, June 20: The Chittagong Port Authority (CPA) has proposed extending the contract with Saif Powertec Limited to continue operating the New Mooring Container Terminal (NCT), as the current agreement is set to expire on July 7.Sources at the port authority said CPA plans to appoint a foreign terminal operator...
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China contribution to help improve living conditions of Rohingya
China's contribution will enable the World Food Programme (WFP) to procure 2,100 tonnes of fortified rice, pulses, and cooking oil - enough to provide a three-month food ration to around 45,000 Rohingya refugees living in the world's largest refugee camp in Cox's Bazar, according to a media statement released on...
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Bashundhara chairman, MD, 4 others face arrest warrants
Sylhet, June 20 (UNB): A Sylhet court on Thursday issued arrest warrants against Bashundhara Group Chairman Ahmed Akbar Sobhan, Managing Director Sayem Sobhan Anvir, and four others in a cheque fraud case.Judge of Sylhet Additional Chief Metropolitan Magistrate's Court Mohammad Harun-or-Rashid passed the order after hearing an appeal.The case was...
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Six more Covid-19 cases reported
Six new COVID-19 cases were reported in Bangladesh in the last 24 hours till Friday morning, according to the Directorate General of Health Services (DGHS), reports UNB.With the latest figure, the total number of confirmed coronavirus cases in the country has risen to 20,51,938.No new deaths from the virus were...
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A mother gently cradles her child, a dengue patient receiving intravenous treatment
A mother gently cradles her child, a dengue patient receiving intravenous treatment, while a relative holds the saline bag steady at Mugda General Hospital in the capital. The photo was taken on Friday. — FE Photo by K Asad-Uz-Zaman
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